01 Aug 2002

The Prospects for Offshore Financial Centres in Europe

Mattias Levin

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Since 1998, a considerable amount of attention has been devoted to offshore financial centres (OFCs). Little is known, however, about OFCs and the business environment in which they operate. The aim of this paper is therefore to increase the awareness of OFCs. It provides a critical assessment of the various initiatives targeting OFCs and a first in-depth overview and comparison of European OFCs.